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Canberra Times in Canberra, Australian Capital Territory

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Nov 30, 1968

Page

11

Carpenter foresees benefits as Pergamon raises offer

W R Carpenter Holdings Ltd aims to deliver benefits in the current year after chairman C H V Carpenter told the Canberra annual meeting that profits remained strong. Amid a takeover by Pergamon Press head Robert Maxwell, the bid was increased by four shillings a share, with the group reporting improved liquidity and gains from Barrow Island oil and petroleum refining activity as Amopol Petroleum and its Australian subsidiaries contributed to the results.

W. R. Carpenter Holdings Ltd C. H. V. Carpenter Canberra Maswell Nat Carpenter Ioan Australia Papua New Gininea Jesst Anipol Australing Iilion Strait Brive Maxwell News Limited Barrow Island Ancmihal Ae

Sharp rise in Burns Philp portfolio gains large value

Market value of Burns, Philp and Co Lud's portfolio of stock exchange listed investments rose sharply to $55,993,592 at June 30, as detailed in annual accounts published in Sydney yesterday.

Sharp Rise Burns Philp Burns, Philp and Co Lud Sydney A. C. Goode & CO Stock Exchange Ahpig Hedge Place Canberra

Ampol profits rise amid strong year and debt reduction

Ampol reports a 34 percent rise in net, reaching a peak of 9.1 million, with total cash flow improved as overdrafts were extinguished. The refinery loan repayments accelerated, while Barrow Island and Bass Strait crude projects influence forecasts. Executive notes uncertain price policy effects and ongoing tax profit gains amid higher sales volumes.

Leonard Uoclear Barrow BONAR

Coffee firm sees hoped gains despite devaluation impact

KE A Coffee plans to offset sterling devaluation with higher reductions but cannot estimate year outcomes yet. The annual report highlights assets including plantations and hotels with a book value around 5.1 million dollars, and notes markets valued at 40 million. Dividends rise to a 1 3 bonus share, profit for 1967 68 shows earnings at 15.2 percent, with turnover improving in Melbourne trading.

East African Coffee Plan Jons Ltd Toome A. J. Court Iself Barrow Tsland Brisbane Carlier Group Directose Fis Vormewan Wright Ltd Jon Lower Capital Fe Seneral Melbourne Ampal Alo

Nickel from Scotia in August

Great Boulder Gold Mines Ltd plans to start mining nickel ore at Scotia Western Australia around next August. Chairman Nils E Nilsen reported at Melbourne AGM that ore reserves are still being assessed while drilling and geological work continues to define ore bodies and evaluate metallurgical feasibility.

Great Boulder Gold Mines Ltd Scotia Western Australia Nils E. Nilsen Melbourne Currens Se Mt Martin Adidi Tanal Prosport Sune Nilsen Iekel Hampton Properties Iemirared Aphide Pany

J B Young profit improves in opening two months

J B Young Holdings Ltd reports a steady improvement in net profit for the first two months after the end of its financial year on August 31. The Canberra Queanbeyan retailer notes sales ahead of the prior year and ongoing expansion plans, with fresh investments in stores and services.

J. B. Young J. B. Young Holdings Ltd Canberra Queanbeyan

Shareholder concerns surface on dividend outlook and sales gains

The board faced questions on year end books and dividend prospects as gains in sales rose 9.5 percent while after tax profitability weakened. Pre tax profit nominally improved but was offset by higher company tax. The report lists substantial holdings and trustees across firms and individuals, highlighting the complex shareholder base.

Perton Ilman Ruthfein Colman

Also Mentioned on This Page

W. R. Carpenter London Robert Maswel Pergamon Press Groupr Ily Ampol Petroleum ¢ Ltd Mr Nue Kwinana Bass Strait Royal Tne Tris Pond NE Leonerd Barrow ‘Island Jonton Island Benet Neer Barrowee Aaneer Nares Women Vette i Lion Amev OF V.A.C.C. Insurance Tne Chamber of Commerce Queens Surince Co Ltd Land Amer Bile Chambers of Commerce Nsw Amey Mide Exstine J Victorian Insurance| Lis Victorian Suionobily [Chamber of Commerce Sauk Coomera VACC Amey KE. A W. J. Colman Beona Mt. Martin WMC Kambalda Xis Scola Boulder North Kalearlt Fyshwick Sant Etpany Ltd Nartin Ae Anz, Bank Ltd Melboure Tates Angie Henry ‘T Mutual” Provident Society Kathleen McCormack Bank of New South Wales Mary ‘McCormack Picts Qeanbeyan Buckmaster Fairlight Mona C. Metanes Quean Atlan John Byrne Porrest Hhe McColman Hackett Act Netlie Carew Tharwa Choiseul Plantations Lts Ethel . Colman Deakin S.A J. A. Colman GA Colman Red Hill Valda G. Colman Willliam J. Colman Robert A Melnnes Lorna M. Marriott Forrest Richard K. Marriott Mercantile Mutual _Insurance Co Ltd MLC Custodian Ty Ltd Orth Nrma. Investments Pry Ltd Henrietta A. Price Chatwood Provident and Pensions Holdings Pty Ltd Loma Mary Rowley Barton Adelyn A. Shaw Gilgandra Clarence E. C Adelyn * Shaw Zisas Genpm Ith Guardian Missurance Co Ltd Hathlyn Investments Pryte Added, Ltd Harold F. Gant Lake Credits Co Pty Ltd Norinbogmen Avenue Pood 9 Sas A Bokthineeamorhtan Roshan Isfaan Bidior Quoom l Bale Afthanistan Tabriz Gabheh Mellayer Shridiabad Mshlaghan Dyfostexhan Balo 3 Hareindabad Deh Shatooran Kasheni Dalouchistsa Hamadua Bourjalou Ida Albert Hall Sion Bruce Burgis Wollongone Street Whick Northbourne Avenue City A. D. Meares & Bishop Sydney Stock Exchange M.L.C Petrie Street Ord Minnett T. J. Thompson & Partners Moresby House Photographers Investor's Span Neal Ansettana TAA Gold Coast Barrier Reef Queensland Tasmania Central Australia Golden West Papua and New Guinea Canberra Travel Services Permewan W Woolley Street Dickson Getters Mick Creech Mick Dusty’ Miller Bobby Simpson E.dflan Ady Canberra Times Owtnet Poduests Harier Barrier Street Bungendore Istrict Roducers Builders Timber Wholesale Produce Fyshwick Drive Cod
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